E-Invoice : Introduction & Impact to Businesses

Own your E-Invoicing, do business confidently

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Introduction

Course Details

19 December 2024 (Thursday)

8:30 AM - 12:30 PM

Armada Hotel, Petaling Jaya


The e-invoicing system was introduced on August 1, 2024, and will be fully implemented by July 1, 2025.

This system plays a crucial role in daily accounting and invoicing processes. It is vital for both business owners and staff in various departments—such as accounting, sales, purchasing, and human resources—to understand key aspects, including when to issue e-invoices for recording revenue, when to issue self-billed invoices to capture costs, and when suppliers are exempt from issuing e-invoices.

For business owners, self-education on e-invoicing is particularly important to ensure compliance, streamline operations, and make informed decisions, as this foundational knowledge impacts the overall efficiency and accuracy of financial management.
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Course Objective

◦ Understand the e-invoice mechanism
◦ Prepare and get ready for e-invoice implementation
◦ Gain guidance on actions to be taken to capture revenue and cost for your business
◦ Learn how the MyInvois Portal works

 

 

e-Invoice FAQ's

E-Invoicing is the electronic exchange of invoice information between a supplier and a buyer in a structured digital format. This format allows for automatic and seamless processing of the invoice data.

E-Invoicing will also likely change your invoicing process. However, these changes are designed to improve efficiency and accuracy. SdaraNiaga can help you adapt to the new process smoothly.

Yes, the Malaysian government is implementing e-Invoicing in phases. It will be mandatory for all businesses by July 2025. 

The deadlines depend on the size of your business. Refer to the phased implementation schedule provided by the government to determine your specific deadline.

Benefits include faster payment processing, reduced errors, cost savings on paper and postage, improved efficiency, and better compliance with tax regulations.

To get started, you'll need to choose a compatible e-Invoicing solution. You may need to update your accounting or invoicing software. SdaraNiaga can provide guidance and training on this process.

E-Invoicing ensures that your invoices are in the correct format and contain all the necessary information required by the tax authorities, reducing the risk of errors and penalties.

SdaraNiaga is here to help! Contact us for further assistance with understanding and implementing e-Invoicing in your business.

Presenter

Mobirise Website Builder

Mohammad Hasni Ibrahim

C.A. (M), MBA (UUM)

The presenter, is a Chartered  Acountant with working experience over 23 years in diverse fields covering accounting, secretarial, management and business consulting. 

Mohammad Hasni holds a bachelor’s degree in Accountancy and master's in business management (MBA) from Universiti Utara Malaysia. He is a member of the Malaysian Institute of Accountants (MIA). He is also a certified instructor of the Human Resource Development Fund (HRDF). Mohammad Hasni is also an Approved Accountants for ABSS accounting software.

He is a director of the firm Hasrin Hasni Associates, an accounting and financial management firm serving the small and medium entrepreneurs to facilitate the development and improvement of their business. He also acts as the CFO for a few SME companies to enable them to have proper financial management.

Prior to opening his own practice, he was the General Manager for a medium size audit firm with operations in the Peninsular Malaysia and Sabah. Acting as the GM, his role is to manage the group financial management and also branch coordination.

Mohammad Hasni started his training involvement as Associate Trainer for Efficient Frontier Consulting Sdn Bhd many
years before operating as a free agent. He conducted numerous sessions on soft skill development and also financial related programs. He has helped develop entrepreneurs in their business and financial acumen through his training program.

Some of the organizations that has taken his program are Ministry of Defense, Kumpulan Wang Simpanan Pekerja(KWSP), Universiti Malaya, Bank Simpanan Nasional, SME Bank Berhad, Kontena Nasional Berhad, Credit Guarantee Corporation (M) Berhad, Ekuiti Nasional Berhad (Ekuinas) and Grab.

His popular programs are Managing Personal Finance which helps many to overcome their personal finance issues and Finance for Non-Finance Executive where he gives practical overview of a finance in business. Mohammad Hasni handles training sessions in both Bahasa Malaysia and English as needed.

Mobirise

Schedule

08:00
Breakast & Registration

Course registration and refreshments

08:45
Module 1

Introduction to e-invoice
- Definition, key concepts and benefits

09:15
Module 2

Malaysia e-invoicing Landscape
- System overview
- Key player and stakeholder 
- Government agencies and regulations
- Challenges and solutions

10:30
Tea Break

 

10:15
Module 3

Practical implementation
- Systems and software requirements
- Step by step guide
- Security and compliance

11:45
Module 4

Q&A Session

12:30
Lunch

Course ends

Please Whatsapp our crew Mr Fauzan at 01121178215 or email to sdaraniaga@gmail.com for further inquiries.

Venue

Hotel Armada Petaling Jaya

Lot 6, Lorong Utara C, Section 52, 46200 Petaling Jaya, Selangor

https://maps.app.goo.gl/dxR9zVgWFrtm1vE4A